Report to SET

Resolutions of the board of directors’ meeting, No. 03-2002

The board of directors of Padaeng Industry Public Company Limited at its meeting, No. 03-2002 on 15 May 2002 has adopted the resolutions to appoint Mrs. Naengnoi Na Ranong as new director replacing the post left vacant by Mr. Areepong Bhoocha-oom for the remaining of Mr. Areepong’s term, effective on 15 May 2002 onwards.